Categorized | Print & Web

Belo print assets spin off to new company

The board of Belo Corp. has approved the spinoff of the company’s newspapers into a separate publicly traded firm. According to the Hollywood Reporter, shareholders pushed Belo to split up the company, arguing its “stock price reflects the newspaper industry’s challenges and hides the better momentum at its TV stations.”

The new company will be named A.H. Belo and shareholders will receive 0.20 shares of the new print business for each Belo share held.

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I'm an Emmy award-winning journalist, who's worked as an on-air reporter in Spanish and English-language television news. I've worked for Univision, Telemundo, CNN en Español and Los Angeles Fox and UPN stations before diving into a convergence model at the San Jose Mercury News, later to enter the online digital sphere. I am currently the West Coast Web editor for impreMedia. I was president of the National Association of Hispanic Journalists from 2004 to 2006. I am also a freelance writer, reporter and producer and a columnist for Poder Hispanic magazine. I founded Media Moves in June of 2007.

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